SEC Form 4 · accession 0001327749-15-000035
DONEGAL GROUP INC · DGICA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanjay Pandey
Officer — Sr. Vice President
Period of report
May 19, 2015
Accepted (ET)
May 19, 2015 · 2:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000800457
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 19, 2015 | M | 72 | $14.00 | A | 276 | D | |
| Class A Common Stock | May 19, 2015 | S | 72 | $15.112 | D | 204 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF1 | $14.00 | May 19, 2015 | M | 72 | D | Mar 1, 2011 | Jul 15, 2015 | Class A Common Stock | 72 | 0 | D |
Explanation of responses
- F1Exercise of employee stock option under Rule 16b-3. The exercise of options reported in Table II of this Form 4 Report resulted in the acquisition of 72 shares of Class A common stock under Rule 16b-3, as reported in Table I of this Form 4 Report, which were concurrently sold, as also reported in Table I of this Form 4 Report.